Rainmaker Worldwide Inc. Income Statement
RAKR|2 years of annual SEC 10-K data (FY2023-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 2 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$143,725
FY2024
Gross Profit
N/A
FY2024
Operating Income
-$364,589
FY2024
Net Income
-$1M
FY2024
Rainmaker Worldwide Inc. reported $143,725 in revenue and $1M in net loss for FY2024. Revenue increased 82.1% from FY2023 to FY2024.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -1442.88 (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 |
|---|---|---|
| Revenue | $143.7K | $78.9K |
| Cost of Revenue | $143.7K | $61.9K |
| Gross Profit | - | $17.0K |
| SG&A Expense | $364.6K | $623.2K |
| Operating Income | -$364.6K | -$606.2K |
| Interest Expense | - | $8.3K |
| Net Income | -$1.1M | -$1.2M |
| EPS (Basic) | -$0.09 | -$0.01 |
| EPS (Diluted) | -$0.09 | -$0.01 |
| Shares Outstanding | 20.0M | 144.4M |
| Gross Margin | - | 21.5% |
| Operating Margin | -253.7% | -768.2% |
| Profit Margin | -734.9% | -1558.4% |